Any organization is required to pay advance payments of income tax by the 28th day of each month. All this should be recorded in the declarations for the reporting period in line 210. This paragraph indicates the amount of advances paid for the last month and the amount of monthly advance payments.
It is necessary
- - the amount of payments for each quarter of the reporting period;
- - declaration form.
Instructions
Step 1
Calculate the amount of the advance payment, taking into account the rate of profit and tax that are subject to tax. It is obtained as a result of building up totals from the beginning of the tax period to the end of the reporting period.
Step 2
Calculate the monthly advance payment for the first quarter of the reporting period by adding the monthly advance payment due in the first quarter of the current reporting period, equating to the monthly advance payments in the last quarter of the previous reporting period.
Step 3
Calculate the monthly advance payment for the second quarter of the reporting period. It is equal to the third part of the amount of the advance payment for the first quarter of the reporting period.
Step 4
Calculate the monthly advance payment for the fourth quarter of the reporting period. It is equal to the third part of the difference in the amounts of advance payments for the first half of the year and for the first quarter.
Step 5
Calculate the monthly advance payment for the fourth quarter of the reporting period. It is equal to the third part of the difference between the amount of the advance payment for 9 months and the amount of the advance payment for the six months.
Step 6
Enter on line 210 of your income tax return the sum of all monthly payments for the four quarters.
